Vechain x BYD Carbon Credit dApp

The BYD Carbon Credit #dApp was the first real-world example of an ecosystem that actively rewarded users for their choices around #sustainability.

By driving a BYD electric vehicle, users could upload their data, have smart contracts calculate their carbon offset and reward them with credits that could be spent with vendors within the ecosystem.

This approach can be applied to almost any industry, leveraging latent data to drive collective action on sustainability by employing systems of gamification, incentivisation and of course, the power of #vechain's #blockchain technology.

By rewarding positive actions, we create impactful outcomes and expedite the transition to the circular economy.

Read more about the Blockchain Biosphere and our vision for the future in the latest whitepaper titled #Web3forBetter

Link: https://vechain.org/assets/whitepaper/whitepaper-3-0.pdf

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